LEADER 06424nam 2200793 a 450 001 9910141304903321 005 20240408202314.0 010 $a9786613618207 010 $a9781119201069 010 $a1119201063 010 $a9781118185285 010 $a1118185285 010 $a9781280588372 010 $a1280588373 010 $a9781118216491 010 $a1118216490 035 $a(CKB)2670000000173035 035 $a(EBL)817892 035 $a(OCoLC)785811547 035 $a(SSID)ssj0000635985 035 $a(PQKBManifestationID)12197713 035 $a(PQKBTitleCode)TC0000635985 035 $a(PQKBWorkID)10660471 035 $a(PQKB)10081816 035 $a(Au-PeEL)EBL817892 035 $a(CaPaEBR)ebr10558084 035 $a(CaONFJC)MIL361820 035 $a(OCoLC)806221031 035 $a(CaSebORM)9780470949733 035 $a(MiAaPQ)EBC817892 035 $a(OCoLC)ocn806221031 035 $a(EXLCZ)992670000000173035 100 $a20111017d2012 uy 0 101 0 $aeng 135 $aurunu||||| 181 $ctxt 182 $cc 183 $acr 200 10$aGood derivatives $ea story of financial and environmental innovation /$fRichard L. Sandor 205 $a1st edition 210 1$aHoboken, N.J. :$cJohn Wiley & Sons,$dc2012. 215 $a1 online resource (649 p.) 300 $aDescription based upon print version of record. 311 08$a9780470949733 311 08$a0470949732 320 $aIncludes bibliographical references and index. 327 $aGood Derivatives A Story of Financial and Environmental Innovation; Dedicated to My Family; Contents; Foreword; Preface; Acknowledgments; Chapter 1: The Early Years; The House of Sandor and Mirner; Bobby Fischer and My Days at School; Discovering Economics in Brooklyn; On to Minnesota; Berkeley Beckons; Chapter 2: Trying to Change the World; A Different Structure for a Different Kind of Exchange; Chicago-My Kind of Town; Structuring the Exchange; Talking to Regulators; The Dream Is Dashed; Chapter 3: The Berkeley Years; A New Direction 327 $aPlywood Futures-Learning How Others Create a Good Derivative Grain Markets and Mortgages; Mortgage Interest Rate Futures-Creating Good Derivatives; Chicago Calls; Chapter 4: The Chicago Board of Trade Years; Mentors and Leaders; Trading with the Soviets; An Explosion in Grain Prices; Iron Men in Wooden Pits; The Gulf Wheat Futures Contract; Contract Improvement-The Brooklyn Farmer in Iowa; The Relationship between Futures Prices and Spot Prices; The Gold Futures Contract; Chapter 5: The Chicago Board of Trade Years; How GNMA's Work; Drafting GNMA Futures 327 $aSelling the Concept to Financial Institutions Enabling Legislation and Regulation for GNMA Futures; Transparent Markets-Greetings from the Grim Reaper; The GNMA Contract: Simple in Concept, Complex in Detail; The First Financial Good Derivative- GNMA Mortgage Interest Rate Futures; Contracts without Lawyers; Her Name was Ginnie Mae; The Economic Benefits of GNMA Futures; Moving On; Chapter 6: Educating Users and Building the Market; Adapting at Conti; Travels with Charlie O. Finley; Finding Early Adopters; The Relationship between Prices in Different Months; Disseminating Prices 327 $aThe Gordian Knot of Building a New Market Chapter 7: Treasury Bond and Note Futures; Trading a Notional Bond; Marketing Treasury Bond Futures; Educating Users; New Interest Rate Contracts; Ten-Year Treasury Note Futures; Innovation by Competition; Commoditizing Stocks; Chapter 8: The Decade of the Eighties; Exchange-Making in London; Three Men and a Market-MATIF; The Tale of Two Cities; On to Drexel; Once a Teacher, Always a Teacher; Drexel Grows; Drexel Becomes More International; Eurodollar and Stock Index Futures Contracts; The CBOT Options on Bond Futures 327 $aChapter 9: Globalizing Chicago Exchanges The Secret Ingredient of the CME; Financing Entrepreneurs; Catering to a Global Market with Night Trading; The Attack on Equity Derivatives-Wet Sidewalks Cause Rain; The Demise of Drexel; Chapter 10: Environmental Finance; The Acid Rain Problem in the United States; The Clean Air Act Amendment of 1990; Starting Over; Jack Welch and Kidder, Peabody; The CBOT's Role in the EPA Acid Rain Program; The First EPA Annual SO2 Auction; Chapter 11: Blame It on Rio; In Search of Trees-Commoditizing CO2; Caipirinhas and Climate Change; A New Academic Field 327 $aChapter 12: The Beginning of the Entrepreneurial Years 330 $a"Harnessing financial innovation to combat the world's environmental problems. In this book, Richard Sandor explains the process of creating new financial products and the equally important process of "pioneering" products to achieve widespread usage in the financial industry. Describing both his successes and failures, he offers unique insights into financial innovation, the globalized financial markets, and the bumpy road of the innovator. Sandor also discusses the vision behind the Chicago Climate Exchange and how he believes it will play a critical role in reducing the world output of greenhouse gases. In The Good Sorcerer, Sandor argues that market-based trading systems are a far more effective means of reducing pollutants than "command-and-control" dictates, and such trading systems can ultimately help find solutions to global water shortages, rainforest destruction, and endangered species. Author Richard Sandor "the father of financial futures" helped create catastrophe bonds. Proposes using market-based trading systems to solve burgeoning environmental risks. Contains a wealth of illustrative stories and lessons learned. Filled with provocative ideas, fascinating stories, and valuable lessons, The Good Sorcerer provides a snapshot of recent financial history and a vision of where we're headed"--$cProvided by publisher. 606 $aFinancial services industry$xTechnological innovations 606 $aNew products 606 $aGreen marketing 615 0$aFinancial services industry$xTechnological innovations. 615 0$aNew products. 615 0$aGreen marketing. 676 $a332.64/57 686 $aBUS027000$2bisacsh 700 $aSandor$b Richard L$0938972 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910141304903321 996 $aGood derivatives$92116560 997 $aUNINA